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Updated about 2 years ago on . Most recent reply

User Stats

28
Posts
25
Votes
Christopher Boon
  • Investor
  • New York, NY
25
Votes |
28
Posts

Avg Range for Tax Assessment % Increase (multi-family commercial properties)

Christopher Boon
  • Investor
  • New York, NY
Posted

Hi everyone,

I'm new to commercial multi-family and am trying to get a sense of the range in increase in Y1 property taxes on a multi-family property purchased. Is it between 10-25%, or could be as wide a 15-45%, or typically hovers around 30-35%, etc?

I realize areas are different, properties are different, but what would the general ballpark?

Thank you!

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